This report studies the Vitamin B3 market, Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.
This report contains market size and forecasts of Niacin (Vitamin B3) in global, including the following market information:
Global Niacin (Vitamin B3) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Niacin (Vitamin B3) Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Niacin (Vitamin B3) companies in 2021 (%)
The global Niacin (Vitamin B3) market was valued at 670.9 million in 2021 and is projected to reach US$ 594 million by 2028, at a CAGR of -1.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pharmaceutical Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Niacin (Vitamin B3) include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, Lasons India, Vanetta, DSM and Tianjin Zhongrui Pharmaceutical and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Niacin (Vitamin B3) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Niacin (Vitamin B3) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niacin (Vitamin B3) Market Segment Percentages, by Type, 2021 (%)
Pharmaceutical Grade
Feed Grade
Global Niacin (Vitamin B3) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niacin (Vitamin B3) Market Segment Percentages, by Application, 2021 (%)
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Global Niacin (Vitamin B3) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niacin (Vitamin B3) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Niacin (Vitamin B3) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Niacin (Vitamin B3) revenues share in global market, 2021 (%)
Key companies Niacin (Vitamin B3) sales in global market, 2017-2022 (Estimated), (MT)
Key companies Niacin (Vitamin B3) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties

LEAVE A REPLY

Please enter your comment!
Please enter your name here